# PPP loan: PREFERRED TOWING LLC
> **$502K** approved 04/10/2020 · Paid in Full · Loan `2171857104`
## Borrower
- **Name:** PREFERRED TOWING LLC
- **Address:** 33012 CALLE PERFECTO B, SAN JUAN CAPISTRANO, CA, 92675-4708
- **NAICS:** 488410
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $502K
- **Initial approval:** $502K
- **Forgiven:** $505K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $502K
- **Jobs reported:** 58
## Lender
- **Originating:** CommerceWest Bank
- **Servicing:** CommerceWest Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*